Saturday, November 15, 2014

Mr.Udit Amin,President,Alembic & Mr.R.K.Baheti,Group CFO
addressing the media.
ALEMBIC GROUP FORAYS INTO REAL ESTATE IN BENGALURU.

ALCHEMY, real estate arm of the 107 year old Alembic Group of Companies known for its brand Glycodin,cough syrup
& YERA glass, announced its
foray into the real estate project in Bengaluru.

They are launching "URBAN FOREST" a luxury lifestyle 
project with 2 & 3 bed room apartments in whitefield,Bengaluru.
The project is in 8.23 acres & will have  636 residences in 4 towers 
with 19 floors high. Alchemy has built two residential projects totalling
over 900 residences in Vadodara,Gujarat.The project will be completed 
in 3 years.The cost of the flats are as follows: 2BHK:Rs.70 lakhs,& 
3 BHK:Rs.85 lakhs.


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